Tag: Avantium

Avantium signs conditional offtake with LVMH for plant-based PEF to be used in packaging

Avantium signs conditional offtake with LVMH for plant-based PEF to be used in packaging

August 31, 2022 |

In the Netherlands, Avantium N.V has signed a conditional offtake agreement with world luxury goods leader LVMH Group (Moët Hennessy Louis Vuitton). With this offtake agreement, LVMH Perfumes & Cosmetics Houses has secured a fixed volume of the plant-based, recyclable and high-quality material PEF (polyethylene furanoate) from Avantium’s Flagship Plant for its cosmetics packaging. Avantium […]

Read More

Avantium scores $3.22M EU grant to demo electrochemical conversion of carbon dioxide

Avantium scores $3.22M EU grant to demo electrochemical conversion of carbon dioxide

May 24, 2022 |

In the Netherlands, Avantium N.V. has been awarded a €3 million grant by the EU Horizon Europe program for its participation in the 4-year research and development program WaterProof. This program aims to demonstrate the value of electrochemical conversion of carbon dioxide (CO2) into high-value chemicals and products. The €3 million grant will be paid […]

Read More

Avantium signs offtake agreement with Sukano

Avantium signs offtake agreement with Sukano

April 21, 2022 |

In the Netherlands, Avantium N.V has signed a conditional offtake agreement with Sukano AG, a reputable expert in additive and color masterbatches and compounds for polyester and specialty resins. The masterbatches are tailored to impart properties to plastics and as such are an effective way to diversify and expand polymer applications. With PEF from Avantium’s […]

Read More

Avantium and Sukano sign offtake agreement to develop masterbatches for PEF

Avantium and Sukano sign offtake agreement to develop masterbatches for PEF

April 10, 2022 |

In the Netherlands, Avantium N.V. signed a conditional offtake agreement with Sukano AG, an expert in additive and colour masterbatches and compounds for polyester and specialty resins. With PEF from Avantium’s FDCA Flagship Plant, Sukano will develop masterbatches for PEF resins, facilitating fast adoption in many diversified markets and thus accelerating the growth of PEF. […]

Read More

Avantium reaches Financial Close for its FDCA Flagship Plant

Avantium reaches Financial Close for its FDCA Flagship Plant

April 3, 2022 |

In the Netherlands, Avantium N.V., a renewable chemistry tech company, said it reached Financial Close for the construction of its FDCA Flagship Plant in Delfzijl, the Netherlands. The world’s first commercial FDCA factory is set to produce 5 kilotonnes of FDCA (furandicarboxylic acid) per annum, the key building block for the 100% fossil-free, recyclable polymer […]

Read More

Exclusive Digest Q&A with Avantium’s CEO about World’s 1st FDCA Flagship Plant

Exclusive Digest Q&A with Avantium’s CEO about World’s 1st FDCA Flagship Plant

March 13, 2022 |

The stars were aligning for the world’s 1st FDCA Flagship Plant construction when Avantium’s shareholders granted the requested approvals for all items on the agenda related to it earlier this year with an expected operational date of 2024, enabling the commercial launch of PEF from 2024 onwards. So what’s the status now? What’s the inside […]

Read More

Sphere performs LCA on Avantium’s plantMEG

Sphere performs LCA on Avantium’s plantMEG

March 2, 2022 |

In the Netherlands, Avantium partnered with Sphera to perform a cradle-to-grave LCA for Avantium’s plantMEG in its most applicable market (PET bottles) in 2025 with a regional focus on Europe. The LCA takes into account the use of beet sugar from Cosun Beet Companyi, the process based on Avantium’s Ray Technology, as well as the […]

Read More

Avantium shareholders give green light for world’s 1st FDCA Flagship Plant construction

Avantium shareholders give green light for world’s 1st FDCA Flagship Plant construction

January 30, 2022 |

In the Netherlands, Avantium’s shareholders granted the requested approvals for all items on the agenda related to the positive Final Investment Decision on the construction of the world’s first FDCA Flagship Plant taken in December 2021. Avantium expects the FDCA Flagship Plant will be operational in 2024, enabling the commercial launch of PEF from 2024 […]

Read More

Avantium Renewable Polymers to buy wheat-based HFS from Tereos for feedstock

Avantium Renewable Polymers to buy wheat-based HFS from Tereos for feedstock

January 11, 2022 |

In France, Avantium signed a strategic supply agreement (conditional to financial close) with Tereos Cooperative group, whereby Avantium Renewable Polymers will purchase high fructose syrup made from European wheat as the feedstock for the planned FDCA furandicarboxylic acid) Flagship Plant in Delfzijl. The multi-year agreement secures 100% bio-based and local feedstock for the flagship plant. […]

Read More

Birth of a New Molecule at Scale – Avantium’s big milestone for FDCA Flagship Plant and PEF plastic

Birth of a New Molecule at Scale – Avantium’s big milestone for FDCA Flagship Plant and PEF plastic

December 20, 2021 |

  FDCA – furandicarboxylic acid – is the key building block of the wondrous 100% plant-based, recyclable plastic material PEF, or polyethylene furanoate, clear bottle plastic we all know and love. It’s better than traditional PET with its superior barrier properties and other functional advantages, and now it’s getting a huge push for scaling up […]

Read More